Reminder: Mitch McConnell and Coco – IOTW Report

Reminder: Mitch McConnell and Coco

Breitbart:

(From 2018).

7 Explosive ‘Secret Empires’ Facts about Mitch McConnell and Elaine Chao.


The #1 New York Times bestselling book Secret Empires by Government Accountability Institute President and Breitbart News Senior Editor-at-Large Peter Schweizer is causing major ethics headaches for Senate Majority Leader Mitch McConnell (R-KY) and his wife, Transportation Secretary Elaine Chao.

Multiple establishment media outlets have now confirmed the accuracy of Schweizer’s reporting about McConnell and Chao’s deep financial ties to China.

Here, then, are seven Secret Empires McConnell-Chao facts mainstream media outlets have verified.

1. CONFIRMED: Secretary of Transportation Elaine Chao’s sister, Angela Chao, currently sits on the board of directors of the Communist Chinese government’s Bank of China

The Wall Street Journal verified the Secret Empires revelation that Elaine Chao’s sister–who is Mitch McConnell’s sister-in-law–currently sits on the board of directors of the state-owned Bank of China. “Mr. Schweizer also points to the appointment of Ms. Chao’s sister, Angela Chao, to the board of state-owned Bank of China, 10 days after the 2016 election,” reported the Journal. 

The Bank of China’s own website lists Angela Chao as a board member.

2. CONFIRMED: Mitch McConnell and Elaine Chao received $5 million to $25 million from her father, James Chao, whose shipping company Foremost Group does massive deals with the Chinese government.

The New York Post, Politico, the Wall Street JournalNew York magazine, The Hill, and others have all confirmed that James Chao, Elaine Chao’s father and Mitch McConnell’s father-in-law, gave the Washington power couple a “gift” (that’s the way it was recorded on McConnell’s financial disclosure forms) of between $5 to $25 million in 2008. According to the Post, the “gift” had a major impact on the couple’s net worth: “In 2004, current Senate Majority Leader Mitch McConnell and his wife, current U.S. Transportation Secretary Elaine Chao, had an average net worth of $3.1 million. Ten years later, that number had increased to somewhere between $9.2 million and $36.5 million.”

Beginning in 2007, “just as the U.S. Senate was taking up sensitive legislation concerning China,” Schweizer reports that the Chinese government’s CSSC Holdings, Ltd.—the financial arm of the Chinese government’s military contractor CSSC—named James Chao to its board. CSSC Holdings also added Elaine Chao’s sister Angela Chao to its board as well. read more

15 Comments on Reminder: Mitch McConnell and Coco

  1. Coincidence. Mere coincidence. Any suggestion that Mitch wavered one iota from his strong patriotic Kentucky values due to his wife’s family business is scurrilous obloquy! This is racist and misogynist vilification! How dare you!

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  2. Angie’s not part of the grift any more. She partied a little too hard for Lunar New Year last winter and backed her Tesla into a stock tank here in Texas. Like many Tesla owners, she apparently knew nothing about the emergency door release under the arm rest and spent 10 minutes on the phone with her friends trying to get help as the car sank. Her autopsy indicated her BAC was 3x the Texas limit for a DUI.

    This was one of the events that led Cocaine Mitch to step down from leadership and focus more on his personal grift and trying and win some kind of award for falling on things. This apparently then turned into a competition with Nancy Pelosi. No word on what kind of car Paul “hammer time” Pelosi drives…

    Yes, I made the coffee strong this morning…

    KR

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  3. Strap Yertle tight in his wheelchair and push him to what’s left of the frontline in Kursk.

    That should set a good example for the rest of the raccoons in the Capitol.

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  4. My son in law is a native Kentuckian from Padukah, Kentucky and he is about as MAGA as MAGA can get. My late father-in-law was from Owensboro, Kentucky who ended up In the Spokane area during the Korean war and was stationed at Fairchild AFB west of Spokane about 15 miles or so. He would’ve been very well pleased with President Trump. And one of my favorite Kentuckians is Wendell Berry, a great writer of common-sense essays and novels about Kentucky as well as a great poet. my father-in-law’s ancestors were English Catholics who fled England one step ahead of the hangman in the early 1700’s so they could have religious freedom in America in Maryland first and were some of the first pioneers who came over the Cumberland gap into Kentucky with Daniel Boone in the late 1700’s.

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